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Lei Jun: Differentiated Innovation Needed to Disrupt Situation w/ Acts to Combat Involution, Unfair Competition, Denigration of Peers
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Regarding the phenomenon of involution brought about by intensified homogenization competition in the technology industry, CCTV quoted Lei Jun, a deputy to the National People's Congress (NPC) and the founder and chairman of XIAOMI-W (01810.HK), as believing that the industry development should emphasize technological innovation, personalization and premiumization development, so as to disrupt the situation with differentiated innovation.

Meanwhile, it is also necessary to oppose unfair competition and denigration of peers and other acts, maintaining a good market order.

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